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chair nominee janet yellen stressed the need to keep interest rates low. in a letter to massachusetts senator elizabeth warren. yellen wrote that unemployment reaching 6 and a half percent was not a trigger and that "monetary policy is likely to remain highly accommodative long after one of the economic thresholds... has been crossed." "the biggest challenge we have is credibility, that we will do whatever it takes to get the economy back and get inflation up to 2%." speaking before a conference of bankers, charles evans, president of the chicago fed offered a total amount for the fed's asset purchase program but no time-table for tapering. "we're probably going to end up purchasing at least 1.5 trillion dollars until we finally end this, and it maybe more. " despite improvements in europe, global economic growth is expected to lag this year and next. to the organization for economic cooperation and development-- forecasts growth of just 2.7% this year and 3.6% next year.the group describes the global economy as "stuck in first gear". mexico is experiencing something of a renaissanc
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